Prescott Sporting Goods Company has 45,000 shares of stock outstanding. What total dividend declaration would be necessary for t
2 answers:
Answer:
The correct option is 3.
Step-by-step explanation:
It is given that the Prescott Sporting Goods Company has 45,000 shares of stock outstanding.
Total number of shares is 45,000.
The necessary amount of dividend per share is $1.00. The total dividend is
Therefore the total dividend amount is $45,000 and option 3 is correct.
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ANSWER
0.1
EXPLANATION
We want to estimate the quotient of 1.64 ÷ 22.
To do this, we will approximate the two numbers to whole number and solve it.
It becomes:
2 ÷ 20
That is:
Note: since 2 cannot be divided by 20, we write 0. and add a 0 to the back of 2.
The estimate of the quotient is 0.1.
